Results 1 to 4 of 4
-
05-16-2017, 04:09 PM #1
Reputation points: 1232
- Join Date
- Jan 2017
- Posts
- 116
Towing/Tire Co /
Scenario:
industry: Towing and Tires
Ownership: Sole Proprietorship
State: AZ
Income: 60k / month (700k/yr)
TIB: 46 years
Asset: Real Estate / Commercial Mixed Use Buildings on 5 acres. Total of 4 buildings: Warehouse, Office, Storage, etc. (office in/works from 2nd Building), Balance: Free and Clear, Property Value: 300k (+/-)
Title: In his name, personally.
Credit: "Good"
Loan Amount: Req'd: 80k-100k
Loan Purpose: Rehab one of the buildings on the 5 acres of land. One of the buildings burned down in fire. Needs 80k+ for repair.
Looking for term or hard equity or commercial? The initial issue I saw was the deferred maintenance in the burned down structure on the property. (4 buildings, one is burned down) -- ? Anyone do this with a holdback for repairs or appraise as is without? Need quotes/estimates for repairs for holdbacks?
-
05-16-2017, 05:27 PM #2
Reputation points: 54989
- Join Date
- Dec 2013
- Posts
- 4,713
zach WBL!
Marcus Clapman | Business Development | Cresthill Capital
(High Commissions Payout Group)
——————————————————————————
Tel: 917-521-6528 | Fax: 212.671.1473
Email: bizdev@cresthillcapital.com
http://www.cresthillcapital.com
-
05-16-2017, 05:33 PM #3
Reputation points: 227882
- Join Date
- Feb 2017
- Posts
- 3,429
Scott Buchholz is a good fit - I'm working on similar deals with him now. OP, give me an email, I'll introduce you, or Scott will find his way here somehow.
-
05-16-2017, 05:38 PM #4
Give me a call and I'll gladly review.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
Similar Threads
-
auto repair/ tire sales and used car sales 4 MCA's
By chris32111 in forum Business LoansReplies: 13Last Post: 09-14-2023, 06:53 PM -
Which funders do transportation and towing companies?
By MCNetwork in forum Business LoansReplies: 2Last Post: 12-09-2016, 03:39 PM